Obortech OBOT

Rank #1361

$ 0.05663100 +0.17%

Obortech Price (OBOT)

Obortech to USD Price Chart

What Is the Current Price of Obortech (OBOT) Today?

The current price of Obortech (OBOT) is $ 0.05663100. Keep in mind that cryptocurrency prices can fluctuate rapidly, and the current price might have changed slightly since this article was written.

What Is Obortech (OBOT) and How Does It Work?

Obortech (OBOT) is a cryptocurrency that is traded on various digital currency exchanges. Like other cryptocurrencies, Obortech uses blockchain technology to secure transactions and control the creation of new units. Obortech transactions are verified by network nodes through cryptography and recorded in a public distributed ledger known as a blockchain.

What Makes Obortech Different from Other Cryptocurrencies?

The uniqueness of Obortech, like other cryptocurrencies, is based on its blockchain technology, which offers secure, decentralized, and fast transactions. The specific features that distinguish Obortech from other cryptocurrencies may involve its use case, community, governance and consensus mechanism, and economic model. Further details specific to Obortech would be found on its official website and various cryptocurrency information platforms.

What Is Obortech Mining and How Does It Affect the Network?

If Obortech is a mineable cryptocurrency, like Bitcoin, the process would involve a computational effort where miners solve complex mathematical problems to confirm transactions and add them to the blockchain. The mining process, besides upholding network security and consensus, brings new Obortech tokens into existence, affecting the token's supply rate. If Obortech is not mineable, the coins might be generated through a different method, such as pre-mining or token sales.

How Many Obortechs Are Currently in Circulation?

The number of Obortech (OBOT) coins currently in circulation is 197.5M, with a total supply of 300.0M. This circulating number refers to the amount of OBOT freely available and circulating in the market, while the total supply includes all coins created since the blockchain's genesis block, including those potentially locked or burnt.

How Has Obortech's Price Changed Recently?

Over the past 24 hours, the price of Obortech (OBOT) has increased by +0.17%. This is representative of the volatility experienced in the cryptocurrency market. It's essential to note that cryptocurrency prices fluctuate frequently due to various factors, including market demand, investor sentiment, regulatory news, and macroeconomic trends.

Where Is the Best Place to Buy Obortech (OBOT) Safely?

Obortech (OBOT) can safely be purchased on the following exchanges: Probit. These exchanges have been vetted for their security measures, ease of use, and customer service quality, but it's still crucial for investors to use secure methods of payment and protect their personal information when conducting transactions.

How Can I Securely Store My Obortech?

Securing your Obortech (OBOT) involves storing them in a digital wallet that supports this specific type of cryptocurrency. Wallets can be software-based (such as those on computers or mobile devices) or hardware devices (which are physical devices that securely store digital currency offline). Most importantly, always ensure that you control the private keys of your Obortech wallet and consider using multi-factor authentication for additional security.

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